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cnbc.com
Treasury yields hold near multiyear highs as traders await data, Fed minutes this week
U.S. Treasury yields inched lower on Monday after a sharp selloff the week prior, as investors look ahead to the Federal Reserve's last meeting minutes.
theguardian.com
Global oil stockpiles ‘scarily thin,’ says Saudi Aramco chief; euro hits 17-month low on France debt fears – business live
Amin Nasser says ‘system is already straining’ and ‘replenishing inventories could take up to two years’The UK’s telecoms regulator Ofcom has welcomed the deal.Dame Melanie Dawes, Ofcom’s chief executive, said:After a prolonged period of uncertainty around TalkTalk Group’s future, we welcome the prospect of a commercial solution that protects customers and secures continuity of critical communications services.The transaction will now be subject to the appropriate clearances and we’ll be working closely with the government and the Competition and Markets Authority during that process. Existing regulatory obligations will continue to apply. We’ll keep a close eye on the transition to protect consumers and competition, and we have written to BT today to underline our expectations.TalkTalk’s 1.5 million customers will want to know what this morning’s news means for them. The short answer is: nothing changes today. BT has said TalkTalk will keep operating separately while regulators review the deal, so your broadband and landline carry on as normal, and there is nothing you need to do right now.BT should set out quickly and plainly what this means for contracts, prices and service in the future, so nobody is left guessing. In the meantime, keep paying as normal and leave your direct debit running, as missed payments could put your service at risk. Scammers thrive on moments like this, so if anyone contacts you out of the blue about the sale, hang up and get in touch with TalkTalk yourself through My Account on its website. Continue reading...
theguardian.com
UK considering tariffs on Chinese car imports to align with EU
Move would strengthen Britain’s case to be included in new legislation to protect European manufacturingBusiness live – latest updatesThe UK is considering whether to impose tariffs on Chinese car imports to align itself with the EU and strengthen its case to be included in new legislation designed to protect the European manufacturing sectors including autos and chemicals.It is understood the EU has raised the question of tariffs with the UK as part of the discussions on the upcoming “Made in Europe” legislation, known as the Industrial Accelerator Act. Continue reading...
cnbc.com
Saudi Aramco chief says replenishing global oil stockpiles could take two years
Saudi Aramco's CEO warned it could take up to two years to rebuild global oil inventories, saying the squeeze could worsen as the U.S.-Iran war continues.
cnbc.com
Trump's nemesis in Europe: Why Spain's Sanchez is calling a snap election
Pedro Sánchez has been Europe's voice of dissent on U.S. foreign policy. Back home, the plight of an 87-year-old woman has ignited public anger.
bbc.co.uk
Shadow chancellor to unveil Tory plans to cut taxes and regulations
Shadow ministers will unveil a series of policies on day two of the Conservative Party conference in Birmingham.
cnbc.com
Cut spending to curb runaway borrowing costs, Goldman's Gutman tells governments
Goldman Sachs' Anthony Gutman said lower fiscal deficits are needed tackle surging bond yields.
theguardian.com
Lidl GB’s sales soar by over 10%, helped by price cuts and Deluxe range
German-owned supermarket beats Morrisons to become fifth largest grocer in Great Britain Business live – latest updatesLidl’s sales in Great Britain jumped 10% to more than £13bn this year, as shoppers sought out cheaper fresh meat, fruit and vegetables and snapped up its Deluxe range.Pre-tax profit at the German-owned supermarket’s arm in Great Britain grew by 30% to £245.5m in the year ended in February, up from £156.8m in the previous year. Continue reading...
bbc.co.uk
BT agrees rescue deal to buy broadband operator TalkTalk
The takeover still needs to be approved by the regulator, but would give certainty to TalkTalk's millions of customers
cnbc.com
China shuts hundreds of banks as Beijing moves to shore up its financial system
Beijing shuttered 670 mainly rural banks last year in a bid to create fewer, larger and better-capitalized lenders.
theguardian.com
BT to buy broadband supplier TalkTalk in £400m rescue deal, saving 900 jobs
Virgin Media O2 complains of ‘stitch-up’ over rival provider, which has 1.5m customersBusiness live – latest updatesBT has agreed to buy the broadband supplier TalkTalk out of administration in a £400m rescue deal that will save 900 jobs.The company said it had struck a deal to acquire TalkTalk and its wholesale business PlatformX Communications (PXC) on a debt-free basis, in a move that is expected to cost it £400m. Continue reading...
cnbc.com
Cerebras stock climbs 6% after Sam Altman calls the chipmaker a 'close partner'
Cerebras stock climbed in premarket trading after OpenAI's CEO Sam Altman reassured investors that the firm is a "close partner."
bbc.co.uk
Why are data centres such a big deal in Scotland?
At least 23 huge data centres are planned in Scotland, causing significant concern for campaigners.
bbc.co.uk
Trump chooses top spy boss to run new AI taskforce
The US president said his national intelligence chief will lead the group as worries over AI grow.
bbc.co.uk
Average five-year mortgage rate hits 6% for first time in three years
The cost of a new fixed-rate mortgage has been rising in recent weeks as lenders face higher costs.
theguardian.com
The UK’s G20 presidency will push Andy Burnham to the centre of the global stage. What will he use it for? | Michael Jacobs
This is a chance for the PM to advance his progressive agenda and tackle urgent issues such as AI regulation and climate actionAmong the many crucial decisions Andy Burnham has to make over the next few weeks, one has gone almost completely unremarked: what Britain’s priorities will be when it assumes the presidency of the G20 next year.Burnham has said he wants to concentrate on domestic policy. But with the world in turmoil, chairing the group of the world’s largest economies will be one of his most important responsibilities.Michael Jacobs is professor of political economy at the University of Sheffield and a former energy and climate change adviser to Gordon Brown when he was prime minister Continue reading...
theguardian.com
Coach services could be cut due to record diesel prices, UK operators warn
Rising fuel costs are pushing hundreds of firms out of business, threatening school transport, firms sayBusiness live – latest updatesCoach operators have said record diesel prices could force cuts to services including school transport, as hauliers warn rising fuel costs are pushing hundreds of firms out of business.The average price of diesel on UK forecourts hit a fresh record of more than £2 a litre last week, as the war in the Middle East continues to disrupt global fuel supplies. Continue reading...
cnbc.com
Russia ramps up attacks on Kyiv infrastructure as U.S. makes fresh push for peace talks
Russia has pledged to intensify strikes on Kyiv and other Ukrainian cities after a drone attack damaged the capital’s key Northern Bridge over the weekend.
cnbc.com
CNBC Daily Open: America sneezes, Europe starts to catch the cold
A disappointing jobs report, a contentious budget, and the risk of an early election keep markets on edge on both sides of the Atlantic.
theguardian.com
Holiday cottage company insisted on a death certificate to amend our break
Sykes Holiday Cottages showed no empathy and insisted on paperwork we didn’t have so soon after my husband’s deathWe booked a break with Sykes Holiday Cottages for 11 of us to celebrate my mum’s 80th birthday last February. The cost was £2,400, paid for by my 87-year-old dad, but it was my husband who made the booking.In January, my husband was diagnosed with aggressive lymphoma, and he died 10 days before the trip. My parents and some other members of the party still planned to take the holiday, and my dad informed Sykes of the death, since my husband was their point of contact. Continue reading...
cnbc.com
Russia hospitalizes almost 200 people after researcher's death from plague: Reports
Nearly 200 people are under medical observation in Russia’s Irkutsk region over suspected exposure to plague, according to local media reports.
bbc.co.uk
How much is your salary?
And would you reveal it in a job interview?
theguardian.com
From hotel suites to virtual reality, museums turn to licensing deals as costs rise
Natural History Museum and British Museum among cultural institutions leveraging collections and exhibitionsThey are often free to visit but museums are bolstering their finances by putting their stamp on everything from upmarket hotel suites to trendy jumpsuits and virtual reality experiences.Forget buying a T-shirt. If you can afford the “from £724” price tag, you can spend the night in the Natural History Museum family suite at the Park Plaza London Riverbank hotel, which has an interior inspired by the museum’s founder, Sir Richard Owen, complete with Tyrannosaurus rex bunk beds. Continue reading...
theguardian.com
‘I didn’t know what to do’: collapse of providers of high-end digs leaves students in shock
Cost of living crisis and drop in international students hits market for purpose-built accommodation“It was dead in the middle of summer, it was a shock,” says Nathalie Sriwiboonrattan. The fourth-year game design student at Abertay University was at home with her family thousands of miles away in Thailand when she discovered the owner of her Scottish studio flat had abruptly gone bust.“I was like, my hands are tied. I’m not in the country. I don’t know what to do,” she says. Sriwiboonrattan was forced to act quickly to secure new housing for the academic year, which has just begun, paying £850 to have her possessions moved. Continue reading...
cnbc.com
The 2029 tipping point: Western populations are about to start shrinking, piling pressure on public finances
Moody's predicts that the world's aging populations will have fundamental impacts on the global economy and lead to difficult policy decisions.
cnbc.com
‘Unwelcome and unsafe’: Why Japanese companies are retreating from China at a historic rate
Japanese companies are leaving China at record pace, as a diplomatic freeze and a slowing economy force businesses to reassess their presence.
bbc.co.uk
How India became dangerously addicted to Chinese imports
India’s toy shops provide an unlikely barometer by which to measure its economic relationship with China.
cnbc.com
Daily Open: Who's steering oil now?
Much for investors to digest as markets kick off another trading week as all U.S. bombers left a U.K. base over suspected terror attack, and more tankers were struck near Iran.
cnbc.com
They survived World War II and lost decades, but not 2026. Japan's century-old businesses are disappearing at a record pace
Japan’s century-old businesses face mounting pressures from rising costs, labor shortages, a shrinking market and succession challenges.
cnbc.com
Trump tells South Korea to sign on to Alaska LNG deal or 'I'll just charge them more'
Trump is ramping up pressure on South Korea over Alaska LNG as Seoul remains cautious over investment projects announced by the U.S. president.
bbc.co.uk
The job interview question you don't have to answer
Experts explain what you should do if you are asked for your current salary during a job interview.
theguardian.com
Money stolen by scammers hijacking UK social media accounts rises 400%
Many cases involve criminals using other people’s identities to sell fake event tickets to friends and familyThe total amount stolen by criminals who hack into people’s emails and social media accounts and then pretend to be them has risen by more than 400% in a year, official UK data shows.In many cases, the scammers are hijacking people’s accounts in order to use their identity to sell fake event tickets – such as to sold-out gigs – to unsuspecting friends and family. Continue reading...
cnbc.com
All U.S. bombers leave UK air base on concerns of suspected terror plots; more tankers struck near Iran in the Middle East
Tehran's conditions include a halt to U.S. "acts of aggression," an end to the naval blockade and economic warfare, and the release of Iranian assets.
theguardian.com
Tories to pledge to scrap Environment Agency and Natural England
Shadow chancellor will also promise to scrap affordable homes regulations as part of strategy to refocus on growthThe Conservatives will announce a bonfire of regulations including abolishing affordable homes and community funding rules as well as scrapping Natural England and the Environment Agency.The shadow chancellor, Andrew Griffith, will say the party intends to “streamline regulations” that protect nature and oblige developers to include affordable homes and community services such as GP surgeries, to speed up infrastructure and housebuilding. Continue reading...
cnbc.com
Trump reiterates pledge to send $5,000 checks, and hands out smaller payments, as midterm elections loom
Trump is promoting two federal payment programs already underway while reiterating a $5,000 dividend promise contingent on Republicans retaining Congress.
theguardian.com
The Guardian view on trapped leaseholders: Labour must keep its promise to set them free | Editorial
The government pledged to end an unfair system. Ministers must give homeowners power over costs, rather than another place to complain“To the millions of leaseholders across the country, you have my word. The days of you being squeezed for every penny are coming to an end,” Andy Burnham told the Labour party conference. Only a few hours earlier, his housing secretary, Angela Rayner, had announced that the government would legislate for a new independent regulator and launch a consultation to cap “rip off” administrative fees. While these are undoubtedly steps in the right direction, they are miles away from Labour’s manifesto promise to “finally bring the feudal leasehold system to an end”.In its modern form, leasehold in England and Wales turns homes into income streams for freeholders. It should be abolished. There are powerful vested interests – billionaires, aristocrats and big businesses – that would oppose this move. But the system of service charges is crippling the housing market because its exorbitant cost puts off prospective buyers. The average annual service charge for a flat in England and Wales is now £2,405, up 32.6% since 2020 and 55.6% over a decade. Owners of flats in high-rise blocks in London are paying service charges of more than £7,000 a year. Little wonder that first-time buyers are increasingly bypassing flats. Continue reading...
theguardian.com
Nigel Farage questioned by standards commissioner over £5m gift
Reform UK leader was interviewed for half an hour last month over money from crypto billionaireNigel Farage has been interviewed by the standards commissioner for an investigation into whether he should have declared a £5m gift from the crypto billionaire Christopher Harborne.The Reform UK leader spent about half an hour being questioned over the money, the Sunday Times reported. Farage maintains the gift was for his personal security. Continue reading...
theguardian.com
Retailers are making returns harder. A carpet seller taught me why that’s a mistake | Gene Marks
A standard business practice offsets future costs by funding a reserve for returns – but many small businesses don’t do itIn my 30-plus years of being an accountant I have learned many business lessons from people who were much smarter than me. Jerry Crawford was one of those people. Jerry taught me about product returns.Jerry – who sadly passed away a decade ago – sold carpets wholesale from a nondescript little building in south Jersey. He employed about 50 people and counted many local and national carpet retailers as his customers. When I reviewed Jerry’s books, I noticed a large reserve for “returns”. Continue reading...
theguardian.com
Are my gen X peers the influencers the world has been waiting for? | Emma Beddington
Their careers are peaking, they’re rich in money and time – and young people think they’re cool. But maybe it’s not as simple as that‘Stop sleeping on gen X.” I heard this on TikTok recently. I misinterpreted it, with a guilty start, as: “Stop sleeping, gen X,” because I am 51 (peak X), so always tired; while not sleeping at the time, I may have been resting my eyes. In fact, Joel Marlinarson, a marketing guru, was suggesting my generation have become a powerful, if underrated, force online.Aged between 46 and 61, gen Xers with proper jobs are peaking, career-wise (although it’s a different story for those out of work, as a report last month on the struggles of over-50s jobseekers made plain). We’re more likely to own homes than the following generations; we’re emerging from the trenches of childrearing and, the argument goes, ready to indulge in some me-time. “If gen X were a country, it would be the world’s second-largest consumer market,” the World Economic Forum reported last year, with gen X women in particular influencing 70% to 80% of all consumer spending. Continue reading...
theguardian.com
The AI industry is booming. Women are getting left behind
Women hold just a fraction of new AI jobs but are overrepresented in roles with high risk of AI disruptionThere’s a common fear among people who work in Silicon Valley: snag one of the fast-growing, high-paying jobs in artificial intelligence, or get trapped in the “permanent underclass”, a phrase describing the fate of those who won’t have upward mobility in the age of AI.The phrase usually describes a future in which AI automates human jobs. But for women in tech, it’s starting to look like the present. Continue reading...
cnbc.com
Sports betting is increasingly the norm for Gen Z. Here’s why some financial and mental health experts are worried
Surveys show Gen Z increasingly views sports bets as a form of investment, and those who gamble too often face mental health risks.
cnbc.com
Trump taps Director of National Intelligence Jay Clayton as AI czar
Director of National Intelligence Jay Clayton will lead the administration's AI policy.
theguardian.com
The demands of Welsh devolution are simple: just give us what Scotland has | Will Hayward
Andy Burnham is a Westminster leader whom Welsh nationalists could finally work with - but only if he stands up to the devo-sceptics in UK LabourAs I sat in the first Plaid Cymru conference since the party won the Welsh election and started leading the Welsh government, I heard things I had never heard before. I have been to a lot of Plaid conferences and not once have I heard people being really positive about a UK Labour leader. But there was no mistaking it: the Welsh nationalist party feels that Andy Burnham is a man it can work with.When I interviewed Welsh first minister Rhun ap Iorwerth, he indicated he was hopeful – in a way he never was under Keir Starmer – that there was a prime minister who had a genuine desire to give Wales meaningful concessions when it comes to additional powers. Continue reading...
theguardian.com
Burnham’s plans for social care and its workers are admirable but changes must come quickly | Heather Stewart
Money is needed now for a system that has left families including mine struggling their way unsupported and forgotten As one of many hundreds of thousands of people in the UK with a parent with Alzheimer’s, the passage in Andy Burnham’s speech about social care moved me to tears.My mother had not even been diagnosed when I watched Theresa May announce her 2017 general election manifesto in a hall in Halifax – with care funding at its heart. Continue reading...
theguardian.com
‘The violence is off the scale’: staff and passengers at risk as assaults on trains in Great Britain soar to record high
Cases of abuse, spitting, head-butting and sexual harassment, have spiked as transport police numbers have dwindledWhen a train was halted outside Exeter St Davids station on Monday, rail staff leapt to one conclusion: there had been a violent incident on board.“Someone will have kicked off,” one staff member said. “It happens all the time. My boss got head-butted recently.” Continue reading...
theguardian.com
Costa’s coffee shops return to profit with iced drinks and matcha on the menu
Costa Ltd reports operating profit of £20m in year to 31 December 2025 after losses of £13.5m in 2024Costa’s main coffee shop arm has returned to an operating profit after revamping its high street outlets and broadening its menu with iced drinks, matcha and fresher pastries.The chain, which has 2,700 outlets in the UK and Ireland out of 4,000 globally, and employs about 20,000 people, also opened a net 50 new outlets in the UK last year – its first net increase in several years. Continue reading...
theguardian.com
Own a mobile phone? Then you’re paying the ‘app tax’. It’s a racket and it’s time the UK faced Apple and Google down | Chi Onwurah
A deep-seated duopoly allows the tech giants to exploit the public and developers. But the regulator has powers to stop this abuse – it should use themChi Onwurah is the Labour MP for Newcastle upon Tyne Central and West and chair of the parliamentary science, innovation and technology committeeDebates around big tech and digital regulation can sometimes feel distant from the everyday concerns of voters. But the power that a small number of global tech companies hold over our lives goes far beyond what most people realise.As chair of the parliamentary science, innovation and technology committee, I have spent years raising concerns about this: from the data they harvest and the digital “twins” they build of us, to the algorithms that decide what our children see. Continue reading...
theguardian.com
OpenAI safety leader quits, warning AI company’s culture is ‘broken’
David Robinson joins other insiders in urging industry to take more care over rapidly developing technologyA safety leader at OpenAI has quit the company, warning that its culture was broken and that AI firms were not “being nearly careful enough” about developing the technology.David Robinson, who led the writing of safety reports that accompanied the ChatGPT developer’s product releases, explained his resignation in an essay headlined: “I quit OpenAI because its culture is broken.” Continue reading...
theguardian.com
‘They call every week’: the phishing attacks targeting past victims
Scammers reuse personal details harvested from fake Esta websites – and texts and calls can keep arriving for monthsWhen the British actor Lisa Riley was preparing to travel to the US last year, she applied online for an Esta so she would not need a visa. After finding the site through a Google search she filled in her passport, bank and personal details and waited for the confirmation, which normally takes just under an hour.When it failed to arrive, she emailed an address from the site where she had paid and got back a message unlike any she had seen before, with a link to a website that displayed a jumble of words and letters. Continue reading...
cnbc.com
Singapore debuts a state-backed dating app for young government workers as it works to slow a demographic crisis
Singapore's government is playing matchmaker for young public officials against a backdrop of ultra-low fertility.
cnbc.com
Ukraine’s surprise robot offensive exposes a vulnerability in Putin’s war machine
Experts say the offensive is not a decisive breakthrough, but demonstrates how Ukraine’s expanding use of robotic systems is reshaping frontline warfare.
theguardian.com
‘We are in a kind of war’: row over viral Amsterdam chip shop lands in court
Neighbours say crowds drawn by TikTok to Fabel Friet are clogging the picturesque canal street and attracting litter, gulls and ratsPeople living in one of Amsterdam’s most exclusive neighbourhoods have taken the city to court for licensing a chip shop that has gone viral on TikTok.On busy days, the queue for Fabel Friet on Runstraat stretches across a bridge on the Keizersgracht – one of Amsterdam’s most famous canals – a court was told last week. The narrow street itself is crowded by tourists waiting for their orders seven days a week. And loitering with intent – on parked cars, on the street itself, and on steps and porches – gulls wait to swoop. Continue reading...
theguardian.com
Burnham must remember: more regulation is not the best way to improve public services | Phillip Inman
In the NHS as in the private sector, the measure of success should be customer satisfaction and not just box-tickingAndy Burnham said he wanted to “rewire” the economy. Then he seemed to slam on the brakes, kicking most reforms into the 2030s.Local government reorganisation is on hold, along with an overhaul of the much-maligned water industry. Social care and significant welfare reform are matters to be resolved by the next government. Continue reading...
cnbc.com
Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election
With the first round of Brazil's presidential election taking place Sunday, Wall Street is gearing up with starkly different market predictions.
cnbc.com
America’s data center fight is a preview of what's to come for the rest of the world
America’s fight over data centers is going global. Communities across Europe and Asia are pushing back over the rising costs of the AI infrastructure boom.
cnbc.com
FlyDubai plane attack by co-pilot was an attempted 'terrorist' act, UAE says
The FlyDubai co-pilot attacked the pilot inside the cockpit with a crash axe and attempted to take control of the aircraft, the UAE prosecutor general said.
theguardian.com
Soaring diesel prices take their toll on US farmers in midwest corn belt
Fuel costs are biting for crop growers, trucking firms and a host of other industries as Iran war stokes record pricesJoe Hamilton farms corn and soybeans on 2,500 acres in Indiana’s Delaware county. Next week, when his soybean harvest kicks off, four tractors, two combine harvesters and five semi-trucks will roar to life.And with that, a record bill for about 9,000 gallons of diesel awaits him. Continue reading...
cnbc.com
Private capital is reshaping Hollywood moviemaking
As Hollywood's financing structures diversify, private capital is increasingly funding the big screen and changing the types of movies that are being made.
theguardian.com
‘I was making no money’: Travel agent side hustle promoted by influencers criticised over fees
Would-be marketers enticed by online talk of entering a world of travel and easy cash find that the reality is rather differentMonths before she entered the Love Island villa, the content creator Yasmin Hadlow promised viewers of her online videos that they could “catch flights and get paid mid-air”. All they had to do, she said, was send her a direct message with the word “freedom”.The 23-year-old is among several influencers and celebrities, including the former Geordie Shore star Vicky Pattison, working for PlanNet Marketing, which recruits people to work as independent travel agents with a separate US business, InteleTravel. Continue reading...
cnbc.com
David Ellison just brought in a co-CEO to run his new empire: Meet Ynon Kreiz
Ynon Kreiz's appointment as co-CEO of Skydance answers a key governance question for Ellison's soon-to-be-merged company.
theguardian.com
They embraced the Fiat 500, the Vespa, even tuk-tuks. But will Romans draw the line at the golf cart?
Authorities crack down on trade they says risks spiralling out of control – but operators say they are being targeted unfairlyOn the edge of Piazza Navona, one of the grandest squares in central Rome, Barry and Linda, visitors from Texas in the US, stepped out of a golf cart. They planned to cross the square on foot, perhaps stopping to admire Lorenzo Bernini’s 17th-century Fountain of the Four Rivers, before being picked up by their driver at the opposite end.The couple had already done a walking tour on day one of their trip, and had been so exasperated by a stifling three-hour shuffle along a corridor towards the Sistine Chapel on day two that by the third day they wanted to give their tired feet a rest. Continue reading...
theguardian.com
Bailiffs and 100 unpaid teachers: inside the collapse of ‘groundbreaking’ yoga studio Triyoga
Formerly a favourite of the A-list, the chain has abruptly ceased trading, leaving teachers and customers blindsidedKate Comer is a single mother with two children, so she is used to living on a financial knife-edge. But when the yoga studio at which she taught closed without warning in September, leaving her with two months’ worth of unpaid wages, it sent her anxiety skyrocketing.“I’m just reeling right now,” she said, estimating her loss at about £1,500. “I’m very concerned about the future.” Continue reading...
bbc.co.uk
Suppliers pile pressure on government over energy bills
Immediate action is needed to help households struggling with bills this winter, says trade body Energy UK.
theguardian.com
UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail
Revelation comes amid mounting concern over online prediction market’s effects on integrity of financial systemUK authorities are being urged to intervene after it emerged that the online prediction market Polymarket has been taking thousands of dollars worth of bets over whether HSBC and Lloyds will fail.Polymarket – the US-owned company which holds bets on anything from football matches, to the existence of aliens, to when a bomb drops on a city – has allowed users to take $77,507 (£58,530) worth of positions on whether the world’s biggest banks will go under by the end of this year. Continue reading...
theguardian.com
From the Bayeux tapestry to Glastonbury: top tips and tricks to grab the hottest tickets
Nothing is guaranteed but there are ways to boost your chances of experiencing such in-demand eventsWhether your passion is the battle of the bands or the Battle of Hastings, what are probably Britain’s hottest cultural tickets are about to go on sale – and to be in with a shout of going, there are insider tips that will get you a good spot in the queue.General admission tickets to the Glastonbury festival next June go on sale online at 9am on Sunday, while the next tranche of tickets to view the Bayeux tapestry at the British Museum will be released to members on Tuesday 6 October before a public on-sale on 21 October. Continue reading...
bbc.co.uk
New baby bank 'open to everybody'
The facility offers essential items for free, including clothes for babies and small children.
theguardian.com
‘It’s shocking really’: Devon community tracks River Dart sewage spills
Citizen environmentalists create online platform that flags spills in real time and highlights repeatedly polluted spots The easy thing for the people who live on the banks of the River Dart in Devon might have been to grumble and groan about the sewage spills that blight their beloved waterway.Instead, citizen environmentalists in the area have created a unique online platform that flags up spills in real time, highlights spots that are repeatedly polluted, and sets out where improvement work is planned – and where it isn’t. Continue reading...
theguardian.com
‘People are deserting it’: why are London mansions struggling to sell?
For decades, the capital’s house prices raced ahead of the national average – but now they are falling in prime areasAn elegant Georgian facade, a full-width balcony and an exclusive address in South Kensington just steps from the Natural History Museum and the V&A. Yet the listing price of this west London flat at Queen’s Gate Gardens has dropped by nearly £1m since last year, to £4.4m.It is far from an isolated case. A nearby house originally listed at £20m was slashed to £14m this year, says a local estate agent. In neighbouring Notting Hill, a stucco-fronted property that came to market two years ago at £16m is now being offered for less than £14m, they said. Continue reading...
cnbc.com
Top McKinsey executive reveals Asian owner-CEOs' secrets to success
Gautam Kumra, Asia chairman at consultancy McKinsey & Co., researched the qualities of Asia's best owner-CEOs.
bbc.co.uk
G7 to release millions of barrels of oil and diesel after Trump threat
The co-ordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
cnbc.com
G7 nations to release diesel stocks as wars in Europe and Middle East constrain fuel supplies
EU countries are set for crisis talks on soaring diesel prices, with officials warning a U.S. export ban could hurt Europe’s economic outlook.
cnbc.com
How AI is redefining Wall Street jobs — and boosting demand for this new 'hottest skill' by 1,721%
Banks are fueling a hiring surge for AI engineers who are good at "agent orchestration" — the ability to coordinate teams of specialized agents.
bbc.co.uk
Watch: Why has UK diesel price hit an all time high?
Diesel has now hit an average of £2 a litre in the UK, the RAC motoring group says, with petrol prices also rising.
theguardian.com
People in the UK: how is the cost of diesel affecting you in your work?
Are you making cutbacks in light of the price increases?The average price of diesel in the UK climbed to a record £2 a litre on 2 October.The price of a litre at UK forecourts has risen 40.5% since late February, when the US-Israel war on Iran began disrupting supplies of crude and refined oil products from the Gulf, leading to cost increases across the economy. Continue reading...
bbc.co.uk
UK diesel prices top £2 a litre for first time, RAC says
The rise in global oil prices has been pushing up the pump prices of petrol and diesel in the UK.
bbc.co.uk
US jobs market sees sharp slowdown ahead of midterm elections
Unemployment rose slightly as American employers paused hiring with midterm elections just a month away.
bbc.co.uk
Why UK diesel prices have breached the £2 per litre mark
The average price of a litre of diesel at the pump stands at an all-time high of 200.01p, according to the RAC motoring body.
theguardian.com
‘You could have an amazing time for £30,000’: UK castles cash in on Traitors-style events
From stag and hen dos to luxury weekends, fans are spending big to create their own version of the hit showOn Thursday night, the singer-songwriter James Blunt, Love Island host Maya Jama and mathematician Hannah Fry were among the 21 Celebrity Traitors returning to UK screens for another round of deceit and detective work. Famously, contestants do not stay at Ardross Castle in the Scottish Highlands during filming, and the venue is not a hotel, so fans cannot book their own overnight stays without hiring the entire Ross-shire estate. But that has not stopped people from trying to recreate their own versions.The show’s surging popularity has been accompanied by a bonanza in Traitors-style events across the UK. From stag and hen dos to castle conspiracy weekends, event companies now host year-round imitations for fans looking to recreate the drama of the candle-lit roundtable. The show is also proving to be a boom for the owners of Britain’s crumbling castles – with wealthy fans even hiring them out for their own private events. Continue reading...
cnbc.com
Trump wants South Korea in on Alaska LNG. Here’s why Seoul is cautious
South Korea remains cautious on Alaska LNG amid concerns over its high costs and commercial risks.
bbc.co.uk
No more cereal at the end of the aisle? New rules in Scotland's supermarkets
Restrictions are being put on products with high sugar, fat and salt content, but the meal deal lives on.
bbc.co.uk
US pressures Europe to release diesel reserves as Trump threatens export ban
President Donald Trump has threatened to ban diesel exports in a bid to ease prices in the US ahead of the November elections.
bbc.co.uk
Why are minimum alcohol prices going up?
The minimum price of alcohol (MUP) in Wales has risen by 30%.
bbc.co.uk
OpenAI fires workers for 'mishandling sensitive information'
The former employees were investigated for sharing data with an outside AI evaluation group.
cnbc.com
War, $100 oil and a bond sell-off reshaped markets in the third quarter
The third quarter was notably volatile, particularly for stocks and bonds.
bbc.co.uk
Crypto thieves attack man in home and threaten to kill pregnant wife's baby in 'horrific' robbery
The man was beaten with hammers until he transferred hundreds of thousands of pounds of cryptocurrency.
bbc.co.uk
What's gone wrong at Nike? How the world's sportswear giant lost its mojo
Several self-inflicted mistakes have cost the biggest sportswear brand on the planet in recent years.
bbc.co.uk
'It could cost me £10k but I need the money now': Why Gen Z are opting out of pensions
A growing number of people are opting out of these schemes due to cost-of-living pressures.
bbc.co.uk
The wealthy Cuban Americans ready and waiting for Havana to fall
Cuban exiles in Florida are increasingly hopeful that regime change in Cuba is now on the horizon.
bbc.co.uk
Business Daily
Protests about 87-year-old Mariacarmen Abascal's eviction reignited the housing debate
bbc.co.uk
PM warned Rosebank oil field could breach West Bank sanctions
Campaigners and Green Party leader Zack Polanski raise concerns about Rosebank's ties to an Israeli firm.
bbc.co.uk
HMRC urged to scrutinise tax implications of Man City case
The Treasury Committee, which is responsible for overseeing HMRC, has urged the body to scrutinise tax implications of the Manchester City verdict.
bbc.co.uk
Thames Water apologises after £145,000 customer billing mistake
The firm has apologised to the family.
bbc.co.uk
Trump's AI rebrand causes 'unprecedented' demand for Slovenian website names
The president wants AI to be called super intelligence - or SI - the same initials used by Slovenian domains.
bbc.co.uk
AI boom could trigger market shocks, Bank of England boss warns
Andrew Bailey says the central bank is watching the waves of cash being invested in artificial intelligence "very carefully".
theguardian.com
Billionaire Sheiks and ‘sham’ contracts: the Manchester City scandal – podcast
Jonathan Liew explains the accusations against Manchester City – and Simon Hattenstone explains how it feels to be a fan Simon Hattenstone, a features writer for the Guardian, has been a Manchester City fan for more than 50 years. He was very young – and recovering from a childhood illness that had nearly killed him – when he started going to matches in his home town with his dad.For a long time, it was a relationship built on occasional highs and many, many lows. But then something extraordinary happened: Manchester City’s fortune began to turn and it had a glittering decade – until it all came crashing down. Continue reading...
bbc.co.uk
The AI telling farmers when to harvest
Will farmers want AI tools to help judge when to pick fruit, or is their own intuition enough?
bbc.co.uk
Vape tax comes into effect - but prices won't rise yet
Vaping is about to becoming more expensive due to a new tax on products.
theguardian.com
Andy Burnham’s big bold leap - podcast
Helen Pidd reports from the Labour conference in Liverpool as Andy Burnham lays out his grand plans as prime minister. With deputy political editor Jessica Elgot Continue reading...
bbc.co.uk
The start-ups hoping to return battery making to the US
Batteries based on sodium-ion technology could be made in the US with locally sourced materials.
theguardian.com
Burnham’s triple lock gamble | Politics Weekly
Andy Burnham has delivered a powerful and emotional speech to the Labour conference. He announced policies on the pensions triple lock, social care and electoral reform. He said he was willing to talk about the things politicians usually avoid. But without a big budget can he deliver his big dreams for the country? Continue reading...
theguardian.com
Diesel export ban: will Trump push global energy prices even higher? - The Latest
As the fallout from the Iran conflict continues, the price of diesel has soared to record highs in the UK, Europe and US. With his country facing an increase of 70% in costs compared with this time last year, Donald Trump is threatening a ban on US diesel exports to keep costs low for American consumers. But the plans have been met with alarm – the UK is holding talks with US counterparts to try to block the move, which France says would be ‘catastrophic’ if introduced. Lucy Hough speaks to energy correspondent Jillian Ambrose – watch on YouTube Continue reading...
bbc.co.uk
My hometown shows that high streets have to change or die
Aberdeen is launching an ambitious bid to revive its struggling centre. Could it offer lessons for other high streets?
bbc.co.uk
Europe's car makers are in crisis. Will the threat of war rescue them?
Auto executives across Europe hope rearmament can help them flex their industrial muscles once more.
bbc.co.uk
X-planes: Are they needed in the new era of drones?
Where do America's X-plane projects fit in an era of cheap drones?
bbc.co.uk
How the oil capital of the US welcomed a solar power boom
Texas is now the country's biggest producer of solar-farmed electricity.
bbc.co.uk
Spain battles climate change on several fronts
A summer of wildfires and heatwaves underlines the threats to the country's economy.
bbc.co.uk
The virtual worlds where robots are trained
Training systems that allow robots to negotiate the real world are getting more sophisticated.
bbc.co.uk
Would you buy branded clothing from your favourite tech firm?
Nvidia, OpenAI and Anthropic are all now selling their own limited edition fashion lines.
bbc.co.uk
The extreme engineering of aircraft windows
Few companies have the technology to make aircraft windows which are getting harder to make.
bbc.co.uk
Can Europe recharge its battery industry?
Europe has some promising battery tech, but can it make up ground lost to Chinese battery giants?
bbc.co.uk
I asked my husband to pay into my pension when we had a child - here's why
Molly and Taylor Haylett explain the changes to how they managed their finances when they started a family.
bbc.co.uk
Why some experts increasingly fear AI will take over
AI agents went on an uncontrolled hacking spree, leaving some in the industry worried
bbc.co.uk
Should promotion depend on how workers use AI?
More companies are tying career progression to AI use: is that fair?
bbc.co.uk
Aviation faces hotter, stormier skies – and passengers might have to accept more disruption
Are people going to have to increasingly accept more delays and diversions as the effects of climate change intensify?
bbc.co.uk
Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
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